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renewable energy investment

Iraq investing $680 million in renewable energy projects

Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […]

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Egypt Will Generate 10GW Renewable Energy Next Year

The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […]

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Greenko Will Supply Renewable Power to ArcelorMittal, Ayana, DISCOMS

Hyderabad based Greenko Energies Pvt Ltd will be supplying clean power to ArcelorMittal, Ayana Renewable Power and three Indian states from its upcoming renewable energy plus storage facility worth 5,230 MW being constructed in Kurnool, Andhra Pradesh, according to reports. Just days ago, Greenko commenced the work on the integrated RE storage project in Kurnool […]

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Vibrant Energy Strengthens Top Tier With Vinay Pabba As COO

Solar developer Vibrant Energy, a strong name in the C&I segment where it has pushed its opex model, has strengthened its senior management team. Backed by Macquarie Group, Vibrant Energy will look to  Pabba as COO to grow and manage its portfolio of projects better. Pabba, an IIT Madras and XLRI Jamshedpur Alumni, is a […]

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British International Investment completes 250 MW RE projects in Pakistan

British International Investment (BII) has said that renewable energy projects that have been supported by it with financing for an aggregate capacity of 250 MW in Pakistan have been completed. Habib Yousuf, Country Director for Pakistan at BII and British Deputy High Commissioner to Karachi, Mike Nithavrianakis joined an event marking the occassion. The projects […]

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UN Secy Gen Calls Renewable Energy A Lifeline To World

UN Secretary-General António Guterres raised an alarm on May 18 that while time is running out to prevent the worst impacts of the climate crisis, there is a ‘lifeline’ of renewable energy right in front of us. A video message by UN Secretary General said, “We must end fossil fuel pollution and accelerate the renewable […]

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Georgia to invest in multiple renewable energy projects

The government of Georgia has given green signal to several projects for the development of renewable energy. The key decisions were taken during the official session of the Georgian Government Administration. The government has officially announced that the country will invest $200 million in wind, hydropower, and solar projects to take renewable energy to greater […]

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Tanzania to add 6 GW renewable energy

Samia Suluhu Hassan, the new president of Tanzania, is wooing investors to invest in the green and clean energy projects in a bid to energy security for her country and also mitigate the onslaughts of climate change. She has announced that Tanzania will be adding 6GW of renewable energy. Most of the fresh energy will […]

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